Blockchain Developers Meetup #0x05 — Introduction to Polkadot
Yesterday’s Blockchain Developers Meet-up was great!
This time our 5th Blockchain Developers Meetup started with covering the most interesting that happened recently in the blockchain space. ** from a blockchain developer’s perspective **
and that was:
- Aeternity blockchain have just launched their first LIVE implementation (hooray)
- Bitcoin Cash (BCH) had hard-forked recently to the new BCH ABC and BCH SV (Satoshi Vision)
- Ethereum 2.0 is coming soon
Our main topic this time was Introduction to Polkadot.
Polkadot is a project founded by Gav Would — Co-founder of Ethereum and Founder of Parity Technologies.
We walked through the new concepts that the Polkadot project introduces to us, and talked a bit more about the Proof of Stake consensus that it is using.
Polkadot is a heterogeneous multi‑chain technology.
It consists of many parachains with potentially differing characteristics which can make it easier to achieve anonymity or formal verification. Transactions can be spread out across the chains, allowing many more to be processed in the same period of time. Polkadot ensures that each of these blockchains remains secure and that any dealings between them are faithfully executed. Specialised parachains called bridges can be created to link independent chains.
We also made a quick workshop of setting up our own Polkadot node.
So that was what we had planned part for the introduction of this cool project — polkadot.
But it turned out that one of our community members Ivo Georgiev (Founder of AdEx) was prepared to guide us deeper into the substrate framework that polkadot is built on. So he took part presenting, showing part of his implementation and walking us through the code. Big thank you, Ivo, for valuable sharing! 🙂
Watch the recording here:
More info about polkadot:
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Also published on Medium.